| cavetrollhead |
|
Gold User, Member, TeleChart
|
| Registered User |
|
|
|
|
| Unsure |
|
| Saturday, January 15, 2005 |
| Tuesday, March 22, 2005 1:19:17 AM |
13
[0.00% of all post / 0.00 posts per day] |
|
|
Can someone tell me some ways one keeps up on crude prices? I always hear about it after the market reacts. What would be some ways for me to know what Crude prices are doing before it is old news?
|
Thanks Billb2,
I see your point.
I guess the reason that I assumed that having the Stop so close to the Limit would be adaquate was because the Ameritrade explanation of Stop limit actually said the limit and Stop are usually the same. In fact, when you place a Stop limit order, it populates the Activation (Stop) feild automatically with the figure you put in the limit feild. I thought I was being liberal by changing it to a penny difference for room. Well I am learning. It is hard for me to know how much space I can comfortably put in there between Stop and Limit and expect to get in. I guess it would somewhat depend on the number of shares I plan to buy as well as how rapid the change is. It is an art isn't it?
Any tips are welcome.
Thank you and Xander for your help.
CT
|
OK I know that was the world's longest question, but anyone want to take a shot at it?
By the way Xander, thanks for your response. The reason I was confused is that Ameritrade seems to not want to fill my order when I do things like I outlined in previous post. They ended up cancelling it a couple times with no explanation and when I called, the girl answering my call didn't seem to really understand herself.
Finally they did it right today.
I think they screwed up before- not me. I think the execution there has been poor for me but I lack experience to be sure. anyone else have problems with Ameritrade. Some other company have better execution? I heard options express is good.
|
So for example;
I have been watching OMC.
So are the TODAY'S MARKS FOR OMC
HIGH- 88:53
LOW- 88.03
CLOSE- 88.48
Assuming it opens tomorrow below today's high. I want to buy shares tomorrow at todays high of 88.53 I don't want to buy it until it reaches yesterday's high, just to make sure it has momentum. But I want to get the best price- not too high above that- let's say 88.60
So it is my understanding that I can do this by placing a Stop Limit order to buy as follows;
BUY/SELL: Choose Buy
Quantity: # of shares
Symbol: OMC
Order Type:Stop Limit
Activation: 88.53
Limit: 88.60
Expiration: Day
This should purchase me all my shares at a price between 88.53 and 88.60, right? This assumes that the price doesn't move too fast upward to fill the order below my limit price. Or am I way of?. If I am wrong, then how can I place an order to at or above today's high,88.53 and limit it to buy at no higher price than 88.60
P.S. I would be satisfied with a partial fill. Will this allow for a partial fill?
|
I am absolutely new to stock trading. I have some simple questions about the types of trades. I do not do options or sell short. I am just getting up to speed on long positions. I plan on swing trading.
I am confused when trying place Stop Limit BUY order. Of course the only definition I can find uses terms like at a "certain price or better," but that really doesn't give me enough information.
This is what I was trying to do:
A Stock was staying at about 51.80 and I want to buy it when I thought it was going to make its move up. So I placed a stop limit order with a activation price of 51.87 and a limit price of 51.88 But the trade failed to execute several times. I called Ameritrade and the lady who helped me was very carefull to not give me any advice but the result was, we couldn't understand each other. I did understand that the trade was cancelled by ameritrade.
So now I am thinking that a Stop Limit BUY must have to be executed when the price crosses down over the price.
So can someone help me understand what it is exactly and why my trade didn't go through?
|
Thank you very much Bruce, you guys are great!
-Phillip
|
Yea , I can see how I wasn't clear.
I am looking for something that didn't just cross over 4 or 5 days ago but 1, 2, 3, 4, or 5 days ago. My wording was bad- sorry.
I know it shouldn't be hard for me to plug 1, 2 and 3 days ago, but I am not too good with these formulas. I am trying to plug in the right numbers to make it return true for cross on the histogram either 1, 2 or 3 days ago as well as 4 or 5 days ago. I am still using symbol HRB to test. I have tried it myself but it is still returning FALSE.
Would you mind showing me how to append the formula you gave me to include a crossover either 1, 2, 3, 4 or 5 days ago, as well?
Thank you,
-Phillip
|
|
Actually I am confused by this- your formula didn't test positive on symbol "HRB" on after closing today, FEB 15th. But it crossed over on the histogram today. Why do you think this is?
|
WOW. Works perfectly- Thanks You are amazing Bruce.
-Phillip
|
Hello Craig,
Thank you for your help -this was usefull. I have still been trying to come up with MACD PCF and decided to have a question that was better crafted than last time before I asked you again. So here it goes.
I am looking for a PCF that shows a crossing upward on the histogram. I like this one (I don't remember where I got it - it may be from you):
(SGN((XAVGC8 - XAVGC17) - (XAVG(XAVGC8,9) - XAVG(XAVGC17,9))) + (SGN((XAVGC8.1 - XAVGC17.1) - (XAVG(XAVGC8.1,9) - XAVG(XAVGC17.1,9))) * - 1)) / 2 > 0
It works perfectly in so far as it goes. It shows that a upward crossover on the histograms happened since yesterday. Very handy.
Now First;
I would like to add to this too, if you can help me (I, myself, am math stupid  ) I am trying to show a upward cross on the Histogram not just since yesterday, but in the last 4 or 5 days and stayed above zero.
Second;
It would be great to have a formula meeting the above conditions that also has maintaned momentum. In other words, the last line (day) on the histogram is no shorter than the previous one.
This may be a tall order and I would appreciate even part of it being filled.
Weather you can help me or not, I am gratefull for your efforts as well as the efforts all of you. You are all very GREAT -
Phillip
|
|